US Demand for Advanced Ceramics to Reach $14 Billion in 2015

Date: 29 September 2011
Source: Freedonia Group, Inc.

Date: 29 September 2011

Demand for advanced ceramics in the United States is forecast to increase 6.0 percent annually to $14 billion in 2015.

Demand will be boosted by an increase in original equipment manufacturing in the US, especially of motor vehicles and electrical equipment, from modest 2010 levels.  Further growth will come in environmental markets, where new regulations will dramatically increase demand for pollution control systems that use advanced ceramic filters and membranes.  Additional growth in ceramic membrane sales will come as they replace other filtration media because of their better performance and durability.  Ceramic bearing demand will increase in the turbine market for similar reasons.  The medical, aerospace and energy markets are expected to grow as well, as new materials offering better performance and longer part life are introduced.  Joint replacements, including ceramic-on-ceramic and recently approved ceramic-on-metal hip replacements, will post strong gains as the US population continues to age. These and other trends are presented in Advanced Ceramics, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.



Transportation equipment markets will register double-digit annual gains through 2015.  An upturn in motor vehicle production, especially of medium and heavy vehicles, will spur increased demand for ceramic parts used in commercial diesel and gasoline engines.  Additionally, new regulations (now being phased in) that control diesel particulate emissions, as well as other pollutants, will spark growth in the filtration and catalyst segments.  Environmental markets will rise at a strong rate through 2020, spurred by growing emissions control spending by US industry.



The overall market for advanced ceramics is impacted by the performance of the electronic components industry. 
More than one-quarter of all demand for advanced ceramics came from this market in 2010, and it will remain the largest market going forward, boosted by growth in piezoceramics.  Semiconductors are the biggest single segment of this market, followed in size by capacitors.  However, US production -- and associated materials demand -- for capacitors and semiconductors will grow at a below-average pace, as manufacturing activity continues to shift to lower-cost parts of the world. 





 © 2011 by The Freedonia Group, Inc.

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Advanced Ceramics (published 09/2011, 290 pages) is available for $4900 from The Freedonia Group, Inc., 767 Beta Drive, Cleveland, OH  44143-2326.  For further details, please contact Corinne Gangloff by phone 440.684.9600, fax 440.646.0484 or e-mail pr@freedoniagroup.com. Information may also be obtained through www.freedoniagroup.com.



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A limited license to use or reprint information from this news release is granted to you provided attribution for the same – including, if possible, the price of the report – is given to The Freedonia Group, Inc. (Cleveland, OH). We would also appreciate the courtesy of receiving a copy of the article or publication in which we appear.

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